|Investment Horizon||30 Days Login to change|
This module allows you to analyze existing cross correlation between Yahoo Inc and Oracle Corporation. You can compare the effects of market volatilities on Yahoo and Oracle and check how they will diversify away market risk if combined in the same portfolio for a given time horizon. You can also utilize pair trading strategies of matching a long position in Yahoo with a short position of Oracle. Please also check ongoing floating volatility patterns of Yahoo and Oracle.Yahoo Inc. vs Oracle Corp.
Given the investment horizon of 30 days, Yahoo Inc is expected to under-perform the Oracle. But the stock apears to be less risky and, when comparing its historical volatility, Yahoo Inc is 1.0 times less risky than Oracle. The stock trades about -0.06 of its potential returns per unit of risk. The Oracle Corporation is currently generating about 0.03 of returns per unit of risk over similar time horizon. If you would invest 4,020 in Oracle Corporation on May 31, 2016 and sell it today you would earn a total of 35.00 from holding Oracle Corporation or generate 0.87% return on investment over 30 days.